Exchange-Traded Funds Are Now Commission-Free

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Prix J.D. Power


"Highest rank in investor satisfaction among online brokerage firms"

Take a holiday from ETF commissions

If you trade at least 100 units of a Canadian ETF via our electronic services between February 15 and June 30, 2016, the commission reflected will be $0. 

No promotion code is necessary.


It's our way of saying thanks for your trust in us.

Transferring to NBDB

Are you transferring more than $25,000 from another financial institution to your brokerage account? National Bank Direct Brokerage will refund your transfer fees (when applicable) up to $135 (plus taxes).

About National Bank Direct Brokerage

Whether you are an active investor, an experienced do-it-yourself investor or a novice, National Bank Direct Brokerage has tools and resources that will help you develop your investment strategies and manage your own investment portfolio.

The 3 steps for opening an account

Step 1: What you need to know BEFORE completing your application

Personal information is requested when you open a brokerage account. For instance, each account holder must provide their social insurance number, banking information and valid ID.

For accounts in which the spouse makes contributions, the date of birth and social insurance number of the contributor are mandatory to open an account.

View the complete list of documents you will need to open an account

Step 2: What you need AS you go through the process

The application will take approximately 20 minutes. Your account will be available within 24 business hours (under certain conditions).

All parts of the form must be completed (you will not be able to move on to the next section if information is missing).

Once your form is duly completed, you will be asked to print documents. You must print* all the documents necessary to open your account.

* Instead of printing the documents, you can rather ask to receive them by mail.

Step 3: What you need to know ONCE your application is complete

Once the application is complete and you have printed all the account opening forms, you must return the forms duly signed within the next 25 days, at:

National Bank Direct Brokerage
1100 Robert-Bourassa Blvd., 7th Floor
Montréal, Quebec H3B 2G7

Note :Do not forget to include a copy (double sided) of a valid ID: driver’s licence, Medicare card (except for residents of Ontario, Manitoba and PEI), permanent resident card, Canadian passport or birth certificate (if less than 21 years old)..

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Terms and conditions

*The offer “Zero commission on ETFs” runs from February 15 to June 30, 2016. All Canadian ETF transactions of 100 shares or more carried out through our electronic systems (website and mobile) are eligible to the offer. Eligible ETFs are those that appear on the list published by Canadian ETF Canadian Association.
ETF transactions that do not generate commissions are not counted when considering trading platform pricing, Active Investor pricing or annual administrative fees. Management fees and expenses may be associated with investments in ETFs. Please read the ETF prospectus prior to investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. 
NBDB reserves the right to change this offer at any time without notice.

National Bank Direct Brokerage Inc. is a wholly owned subsidiary of National Bank of Canada. National Bank Direct Brokerage offers no advice and makes no investment recommendations. The client alone is responsible for the financial and fiscal consequences for his or her investment decisions. National Bank Direct Brokerage is Member of the Canadian Investor Protection Fund.

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